Plans for a new £4bn town centre, linking Cricklewood to Brent Cross are being drawn up by developers Hammerson, Multiplex and Standard Life. An official application is expected to be submitted in 2007, with plans reportedly set to include the construction of 7,500 new homes, an extension to Brent Cross Shopping Centre, offices, two schools and a train station. As many as 27,000 new jobs could be created as a result of the 20-year project.